St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-09-08
The COMMERCIAL RECORD.
On the Chicago Board of Trade at the
Close Wheat Became Very
Dull.
This Weakness Was Attributed to Local
Selling by Disguised 0per-
at0rs.
Transactions in the Financial Circles
of Wall Street.-The General
Quotations.
EneciaI TO the Globe.

CHICAGO Sept. THE receipts OF leaclng
speculative grains to-day were comparatively
light-wheat 80 ears, corn 372 ears, ana oats
135 cars. Liverpool advices were favorable
to holders and buy ers of wheat and corn, as
the cables reported spot grain steady ana
futures firm. Corn was called lsc dearer IN
the foreign market with prices for American
corn tending upward. Trading on change
began with fair activity and with the first
quotations the same as the close on Tuesday.
The first hour developed slightly firmer
feeling in wheat and corn. The prices
made early were: Wheat for October
delivery 7o7sc and 71@747Sc; for December,
74@74l2; for May, 797s@SOc. Corn-Octo-
Der from 1 5s041s4c and 417Sc; May, 45ls0
46Ac and 454@45SSc. May oats were
steady at soc Ribs for October sold slightly
higher at S.. 62l2 and lard steady at S6.47l2.
The first hour was succeeded by dizziness and
stationary prices for grain and provisions.
At II o'clock prices were not over lsc from
the opening figure, with october corn at
41s4c and october wheat ut I03S@ lie.
Everything else unchanged.
THE MIDDAY PRICES
were disappointment in view of the action
early, wheat hung heavily at 70S4c for Oc-
tober and 797sc for May. There was quite
reaction IN corn, about Ice from the highest
to the lowest points touched. October,
after selling at 417s@42c, declined sharply
to 4112c November slid down from Ace TO
41s4c and May, after selling at 45SS045l2c,
declined to 45c. from which point there was
q slight rally. Oats declined from its best
point about I2c. October sold at 25Ac to
25c; November at 26c, down to 25s4c and
May sold from soc 10 30lS@30Ic, and back
to the opening price. Ribs showed conSid-
cradle frmness and sold for October at
SS.77l2 and October lard at S6.52l2. JAN
uary pork sold at S12.62l2. The closing
prices were: October wheat, 70l2c; Oc-
tober corn, 41l2c; October oats. 25c; Oc-
tober ribs, SS.76l2: October lard, S6.52l2.
There was considerable activity and lower
prices in wheat and corn at the afternoon
session. The slight raid on prices which set
in before the close at l o'clock was con-
tinued.
THE ROUTINE REPORT.
CHICAGO Sept. 6.-Wheat was quiet and
steady during most of the session, but just
before the close of the morning session the
market developed into weakness and became
very heavy. This weakness was attributed
TO local selling, possibly of long wheat other
operators becoming tired of holding on for an
advance. Outside business was light. Liver
pool was reported quiet and steady, except
for California wheat, which was reported a
unfayorable. october opened at the closing
figure of Observation-Disclosures to
Else, partially in sympathy with corn, eased
off to 70l2c and on the afternoon board
closed at 70Hc. Corn opened at last nights
figures, and the first turn was better prices,
which were wiped out before noon by a de-
cline from the highest points of 34c. October
started at 41S4c, went up to 4l7S@42c and
then down to 4112c. from which point the
rally was very slow. May, like October,
opened firm and dropped back, selling at
454c, then up to 453S64512c and down to
45c, from where it recovered slowly. The
close were at the lowest points of the day,
October at 41SsG4lI2c, and May at 45c
Oats, like wheat and corn. sold at the highest
figures for the day at the opening. October
sold at 2514c early and closed at 25c. May
opened at soc and sold up to 30lB@3014c,
and closed at 297sc. Provisions were fairly
active, and All improved tone was noted par
ticularly in short ribs, which were the favor
lite. Hogs were higher and shorts more in
clined to cover. Holders Of short ribs mani
Tested less disposition to sell, and competi-
ton among buyers caused an advance of
17l2c on September and October, and 7I2c
on January. October opened sc higher at
S9.62l2, sold to $3.50 and closed at SS.77l2.
January closed at S6.52I2. Lard, although
advanced 5@10c. October sold at S6.47l2@
6.52l2, and closed at S6.52l2. January sold
at S657l2d 62l2. and closed at the outside.
Pork sold at S12.550 1866 tor January, and
cIOSeu at the Top.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat, NO. 2, September, 694c, closing at
6Sl2c: October, 705sc, closing at 7OAc; No
vember, 72ssc, closing at nc; December,
74c, closing at 1850. Corn, No. 3, Septem-
Der, 4l4c, closing at 41c; october. 41s4c
closing at 41Ssc; November, 42c, closing
at 41Ssc: May, 4514c. closing at 45c. Oats,
No. 2, September, 24Ac, closing at 244c; Oc-
tober, 25Ac, closing at 25c; November,
26e,, closing at 257Sc; May, zoe, closing
January, sl2.b5, closing at Sf2.6i5, Lard Lard,
per 100 lbs, September. S6.47l2, closing at
$3.50: October, S6.47l2, closing at Sc 52l2;
November, $3.50, closing at Sc. 52l2; Janu-
airy, S6.5712, closing at Sc Short ribs,
per 100 lbs, September, SS.62l2, closing at
$50; october, SS.6212, closing at
SS.77l2; January, S6.47l2, closing at S6,52Ia.
Cash quotations were as follows: Flour
continues quiet and demand local; prices
are unchanged and firm. Wheat-No. 2
spring, 6S7s@69l2c; No. 3 spring, 66c; No. 2
red, 69l2c. Corn-No. 2, disc. Oats-No. 2,
2414c. Rye-No. 2, 45c. Barley-No. 3
zoe. Flax seed-No. 1, S1.O4. Prime timo-
thy seed, S24O@2.42. Pork-Mess, per Dbl,
S15@I5.25. Lard, per 100 lbs. Sc SO
Short ribs, sides Qoose), $50; dry
sailed shoulders (boxed), S5.25@5. IS; short
clear sides (boxed,. S9@9.05. Whisky
Distillers' finished goods, per gal, SI.1O.-Su-
gar-Cut loaf Csc; granulated, 6l2@65sc;
standard A,615c. Receipts-Flour. %, 900 bbls !;
wheat 6S,O0O bu; corn, 100000 bu; oats,
237, 900 bu: rye, 5000 Blu; barley 95 600
bu. Shipments-Flour, $4,000 bu; wheat.
$4,000 bu; corn, 121, 900 bu; oats, 164, 600
bu; barley, $4,000 blu. On the produce ex-
change to-day, the butter market was steady
at 16@23c for creamery, l5@19c for dairy.
LNorarc fs,r,,r l,s1l 81